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Tag: CFO
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Wiz appoints CFO with IPO on the horizon
After an extensive search and series of interviews, Israel’s most valuable privately-held tech company Wiz has appointed an experienced CFO. Fazal Merchant has been named CFO and president of the cybersecurity company, which last July declined a $23 billion acquisition offer from Google. Merchant gained most of his experience in CFO roles in…
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‘We don’t care if US markets…’: Adani CFO sees $114 bn in cash after taxes for group in 10 years
The Adani Group has no plans to seek fresh funds from debt or equity markets for its growth trajectory, Group CFO Jugeshinder (Robbie) Singh said at Trust Group’s India Debt Capital Market Summit 2024 in Mumbai. He panned concerns over market access, asserting the group’s financial self-reliance. “The banking and US markets can shut down…
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Maytronics slumps further as guidance cut, CFO leaving
Israeli robotic swimming pool cleaner manufacturer Maytronics Ltd. (TASE:MTRN) continues to disappoint investors on the Tel Aviv Stock Exchange (TASE) by reporting on another quarter of disappointing results, and cutting guidance for the second successive quarter. Consequently, the company’s share price is currently down 20%, giving a market cap of NIS 1.27 billion,…